Question 3 [15 Marks) Note the following information on two mutually exclusive projects under consideration by Wang Food: Project A Project B Year R R 0 -30,000 -60,000 1 10,000 20,000 2 10,000 20,000 3 10,000 20,000 4 10,000 20,000 5 10,000 20,000 3 Wang requires a 14% rate of return on projects of this nature. MBA5903 MAY JUNE 2020 Required: 3.1. Calculate the NPV of both projects. 3.2. Calculate the profitability index of both projects. 3.3 Calculate the payback period on both projects. 3.4. Which of the two projects, If either, should Wang accept? Motivate. (4) (4) (4) (3)